LOFT SECURITIES

Why Doesnt This HR Department Get Any

Respect?
Analysis Presentation

THE DISCUSSION
Luke Robinson
Managing Partner- HR
Loft Securities

Kate Rose
Vice President- HR
A Successful PR Firm

The discussion continued..

Leadership
Bernie Shargall
Current CEO
Loft Securities

Philip Washington
Former CEO
Loft Securities

The issues
Lost 2 key employees in last 6 months
2 out of 5 remaining senior managers
resigned
HR mishandled investigation of a
discrimination charge
HR botched year-end bonus checks for
senior leaders
The company thinks of HR as
administration functions only
Attracting and retaining was done by
previous CEO

problems

Lack of leadership
Recruitment and retention
Human resource dept.
Routine administrative
problem

Problem: recruiting and retention

recruiting
Loss of attractiveness to talent candidates
No well-defined regulation on recruiting

retention
Loss of two senior managers
Current employees do not think Loft is a better place to
work anymore.
Employees do not trust HR

Recruitment strategies
Outsourcing recruitment process
Handpick dream candidates and show them you
want them
Look for talent in unlikely places
Attend events that are not job fairs
Make yourself standout with non-traditional media
Advertise in places frequented by your ideal
candidate
Consider past candidate

Retention strategies
Training and development
Performance evaluation
Internal communication
Termination
Engage employees to increase retention

Thank you